Assessing Consumer Implications of Reduced Salmon Supply and Environmental Impact in North America

Sylvain Charlebois, Keshava Pallavi Gone, Swati Saxena, Stefanie Colombo and Bibhuti Sarker ()
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Sylvain Charlebois: Agri-Food Analytics Lab, Dalhousie University, Halifax, NS B3H 4R2, Canada
Keshava Pallavi Gone: Faculty of Management, Dalhousie University, Halifax, NS B3H 4R2, Canada
Swati Saxena: Department of Biology, University of Toronto, Mississauga, ON L5L1C6, Canada
Stefanie Colombo: Faculty of Agriculture, CRC in Sustainable Aquaculture, Dalhousie University, Halifax, NS B3H 4R2, Canada
Bibhuti Sarker: Faculty of Arts, University of Manitoba, Winnipeg, MB R3T 2N2, Canada

Sustainability, 2024, vol. 16, issue 9, 1-19

Abstract: This study investigates the impact of the Canadian government’s decision to reduce the supply of farm-raised salmon in British Columbia (BC) on domestic prices, the level of imports, and the environment. By drawing upon data from diverse sources, this study employs the SARIMAX model to forecast future trends in salmon prices up to 2026. The forecasted results reveal that retail salmon prices will exhibit greater unpredictability and a predicted price increase of over CAD 30 per kilogram by 2026. In addition, increased consumption of imported salmon due to BC farm closure is expected to contribute to heightened carbon emissions and result in job losses within rural and indigenous communities. In short, BC salmon farm closure carries profound consequences for both the environment and market dynamics.

Keywords: salmon farming; aquaculture; sustainability; salmon global trades; Canada and North American markets (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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